Ralph Benko

Ralph Benko, nominated as nonprofit blogger of the year in 2014 by the National Bloggers Club, is the author of The Websters’ Dictionary: How to use the Web to transform the world which was awarded the “Trophée du choix des Internauts” in the World e-Democracy Awards 2010 from the World e-Democracy Forum, Paris, France, chosen by world vote from among “the 10 who are changing the world of Politics and the Internet.” He is an internationally published weekly columnist writing about politics and policy.

He serves as an advisor to and editor of the Lehrman Institute's thegoldstandardnow.org and senior advisor to the American Principles Project. Benko founded the Prosperity Caucus gathering of supply-side and free-market economists; served on detail as a deputy general counsel to the President’s Commission on Privatization and on White House agency staff under President Reagan. He holds a B.A. from Amherst College and a J.D. from Boston University Law School and is retired from the bar of the State of New York.

The fact that Bush recognizes the possibility and implications of of a 4% rate of economic growth is extraordinary. Economic growth is not merely the best way. It is the only way to let the middle class thrive.

Rand Paul recently sat with me to share some of his views. The insights on his worldview left me persuaded that he deserves to be considered the most important public intellectual serving in the United States Senate.

The real issue of money in politics is about the Fed, not the Kochs. The Feds political impact is orders of magnitude greater than all the billionaires money, bright and dark, left and right, combined.

Neither the United States Secret Service nor the North Korean authorities take portrayals of the assassination of our respective incumbent supreme leaders lightly. But there is something more going on here.

There has been much consternation expressed about President Obamas extralegal actions, especially suspending deportation of certain classes of undocumented aliens. Impeachment legally and politically would be completely unwarranted.

Demonetized (as at present), gold merely is a commodity. The gold standard is a quality standard, not a quantity standard, and is about maintaining the integrity of the currency, not limiting its supply.

The mortal struggle at hand today is not between the right and the left. It is not between Republicans and Democrats. It is not between the Congress and the president. It is between us (currently outsiders to our own government) voters and the Washington Insiders.

The current Executive Action is called by its adversaries amnesty. In fact, it represents a temporary reprieve rather than a pardon, more likely to confound rather than promote a humane resolution. It is highly likely to cause a backlash against durable immigration reform.

As noted in my previous column, AEIs James Pethokoukis and National Reviews Ramesh Ponnuru among many others appear to have fallen victim to what I have called the Eichengreen Fallacy. This refers to the demonstrably incorrect proposition that the gold standard caused the Great Depression.

AEIs James Pethokoukis and National Reviews Ramesh Ponnuru among many others appear to have fallen victim to what I have called the Eichengreen Fallacy, the demonstrably incorrect proposition that the gold standard caused the Great Depression.

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